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Hyundai's CEO, Jose Munoz, expressed confidence in the company's US strategy despite uncertainties regarding President Trump's electric vehicle policies. He emphasized that Hyundai's localization efforts would cushion the impact of potential policy shifts. The automaker is set to open a major factory in Georgia, investing $12.6 billion in the production of electric vehicles and batteries. Munoz highlighted the importance of the US market, where Hyundai sold a record number of vehicles last year, and revealed plans for new EV models in Europe and adaptations for the Chinese market.
Source: YAHOO